Business/economics
Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.
Analysts weigh near‑term risks for Middle East oil and gas producers after a tentative 2‑week ceasefire between the US‑Israeli coalition and Iran.
The ASEAN Council of Petroleum and Energy and SPE have taken a step toward deeper regional collaboration, formalizing a Memorandum of Cooperation at OTC Asia 2026. The agreement signals a shared commitment to advancing energy security, sustainability, and technical excellence across ASEAN through expanded knowledge exchange and workforce development.
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Peter Hays, a partner in mergers and acquisitions (M&A) at law firm King & Spalding, says that stabilization in the oil market has helped the industry M&A business to recover. -
Ben Van Beurden, CEO of Royal Dutch Shell, said in his 2Q presentation that the Prelude FLNG is one of three projects under construction that, along with nine others recently brought on line, will deliver USD 10 billion in cash flow by 2018.
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The newly formed independent producer will operate assets in UK, the Netherlands, Norway, and Denmark.
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Up to 30% of oil passing through Niger Delta pipelines is stolen. Protecting thousands of miles of pipeline is challenging. Cleaning up the resulting pollution will take decades.
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Crude oil production in the United States is expected to approach 10 million B/D in 2018 and surpass a previous high achieved in 1970, according to the latest US EIA forecast.
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Avoiding debt problems and maintaining high-quality operations have kept Frank Lodzinski’s companies going through thick and thin.
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Drilling activity in US shale plays is slowing as operators encounter higher prices for labor, equipment, and services, and lower prices for the oil and gas produced.
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One of the world’s leading energy watchers says the second shale revolution will come in the form of LNG exports.
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The merger of industrial giant GE and oilfield services firm Baker Hughes closed on 3 July, creating the second-largest oil field services firm in the world.
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Saudi Arabia, the Permian Basin, and global deepwater areas have vastly different futures predicted. Is it time for a deepwater renaissance?
